The Anatomy of the Swipe

Making Money Move

By: Ahmed Siddiqui

Narrated by: Ahmed Siddiqui

Have you ever wondered what happens during a swipe of a credit card? Every major tech company will become a payments company. Yet, not many people understand how payment systems in the US work. Those that do “get it” are unlocking multi-billion dollar opportunities. If you’ve ever wondered what happens when you actually swipe/dip/tap your credit card or debit card, then The Anatomy of the Swipe breaks down the details in the simplest manner possible.

Here are some questions answered within: How does money move from my credit card to my favorite coffee shop? How can I build a neo-bank? How can I build my own debit or credit card? How can I accept card-based payments?

The Anatomy of the Swipe speaks to software developers and entrepreneurs who are looking at implementing card-based payments for the first time, merchants who want to be able to accept payments for a website or store, or those who want to issue their own debit/credit card. This book walks beginners through modern innovations created because of card-based payments, as well as the motivations and revenue models of each party in the payments ecosystem.

©2020 Ahmed Siddiqui (P)2021 Ahmed Siddiqui

Great Payments Primer

Really enjoyed the opportunity to get a different perspective on payments 101. Worth the read if you are starting off in this space.

Simplicity and storytelling

Very easy to understand, layman language and great storytelling, kept me engaged throughout the book!

Zero to Able-to-Follow-Card-Conversations

Siddiqui's book is the best starting point for getting into the cards space. It's approachable and provides a good framework for diving into the details later when you're ready.

Read it for a second time - great starting point for fintech

I read the kindle book last year when it came out first and now read the audiobook to refresh my memory on it. Very effective primer for those who are curious about fintech. Ahmed did an amazing job of explaining it!

Absolutely loved learning about payments industry

I always wondered what happens after we swipe our credit card in grocery store, this book demystifies the behind the scene information without putting you to sleep. if you were curious about the backbone of everyday transactions, do give this book a try.